2024 Revenue
$10.1M
Customers
100K
Funding
$0
YOY
74.9%
Avg ACV
$101
Team
70
Founded
1990
How Cashfac CEO Richard Cummings grew Cashfac to $10.1M revenue and 100K customers in 2024.
Provider of an online cash management platform intended to manage money easily. The company's platform uses Virtual Bank Technology (VBT) which transforms corporate banking services, enabling corporates and business banking clients to manage their money over the cloud in a hassle free way.
Last updated
Cashfac Revenue
In 2024, Cashfac's revenue reached $10.1M. The company previously reported $5.8M in 2023. Since its launch in 1990, Cashfac has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Cashfac Hit $10.1m revenue in October 2024 |
| 2023 | Cashfac Hit $5.8m revenue in December 2023 |
| 2021 | Cashfac Hit $5.6m revenue in April 2021 |
| 1990 | Launched with $0 revenue |
Cashfac Valuation, Funding Rounds
Cashfac is a bootstrapped Digital Banking Platforms startup. Founded in 1990, Cashfac has grown to $10.1M in revenue without raising any venture capital or outside funding.
As a self-funded Digital Banking Platforms SaaS company, Cashfac has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Cashfac Employees & Team Size
Cashfac employs approximately 70 people as of 2026, up from 63 in 2023.
Cashfac has 70 total employees in different roles and functions. They have 100K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 70 employees (December 2024) |
| 2024 | Reached 68 employees (October 2024) |
| 2023 | Reached 63 employees (December 2023) |
| 2022 | Reached 65 employees (December 2022) |
| 2021 | Reached 73 employees (December 2021) |
| 2021 | Reached 77 employees (April 2021) |
Founder / CEO
Richard Cummings
CEO of Cashfac from April 2014 upto present. He help their customers better manage their money by delivering transparency, control and compliance to their cash management lifecycle. They have a rapidly expanding client base and are growing their operations internationally.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Cashfac acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Cashfac
What is Cashfac's revenue?
Cashfac generates $10.1M in revenue.
Who founded Cashfac?
Cashfac was founded by Richard Cummings.
Who is the CEO of Cashfac?
The CEO of Cashfac is Richard Cummings.
How much funding does Cashfac have?
Cashfac raised $0.
How many employees does Cashfac have?
Cashfac has 70 employees.
Where is Cashfac headquarters?
Cashfac is headquartered in London, England, United Kingdom.
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Compare Cashfac to the industry
Cashfac operates across multiple industries. Browse revenue, funding, and growth data for Cashfac in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .